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Nigerian Banks

Police Council Backs Tunji Disu as Acting IGP

KEY POINTS The Police Council, chaired by President Bola Tinubu, unanimously ratified Tunji Disu’s...

Shi’ite Protests Rock Lagos, Kano, Others Over Death of Iran’s Khamenei

KEY POINTS Members of the Islamic Movement of Nigeria protested in several states over...

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

Police Council Backs Tunji Disu as Acting IGP

KEY POINTS The Police Council, chaired by President Bola Tinubu, unanimously ratified Tunji Disu’s...

Shi’ite Protests Rock Lagos, Kano, Others Over Death of Iran’s Khamenei

KEY POINTS Members of the Islamic Movement of Nigeria protested in several states over...

New HIV Prevention Injection to Arrive in Nigeria This March

KEY POINTS Nigeria will receive its first consignments of Lenacapavir, a twice-yearly HIV prevention...

Atiku’s Son Steps Down as Adamawa Commissioner

KEY POINTS Adamu Abubakar, son of former Vice-President Atiku Abubakar, has resigned as Adamawa...